PRESIDENTIAL ADDRESS. 



625 



ISeS 1870 I87E> 



I88S 1830 



Fig. 3. 



18S5 1300 1905 1310 



PERCENTAGE OF WORLD PRODUCTIONoF STEEL 

 PRODUCED IN UNITED KINGDOM AND GERMANY 

 RESPECTIVELY. 



UNITED KINGDOM PERCENTAGE PRODUCTION 



GERMANY PERCENTAGE PRODUCTION 



1870 1875 I8B0 1885 1830 1835. 1300 ID05 



.910 1915 



Fig. 4. 



1915. 



S S 



